InvestorsHub Logo
Followers 3
Posts 155
Boards Moderated 0
Alias Born 12/16/2006

Re: None

Sunday, 06/10/2007 6:50:09 AM

Sunday, June 10, 2007 6:50:09 AM

Post# of 167489
Got curious and bought HMIT on Friday.

Have been reading all the controversial postings here since Wednesday. My decision was buying on Friday a bit before close, whatever kind of price. No fun, how it came down from 50 cents within 2 days. My HMIT share package is a first position @ 13 cents. Would buy @ 10 cents or 15 cents more. My stop loss selling would be @ 7 cents.

Some well informed and experienced posters here wrote it is a 'scam'. In case the buyout is true - maybe there will be after the cancelling of 109 Mill shares a reverse split 2:1. Then the buyer would have to pay less than U$ 100 Mill for U$ 2,15 per share. I keep watching the pps performance next week. Have a nice sunday - Glo